REFILE-India spot rubber falls to 2-mth low

Newswire

(Refiles to fix date) MUMBAI, Aug 20 (Reuters) - Rubber prices in India's key spot market fell by 3.3 percent to lowest level in nearly two months on hopes government will cut import tax on natural rubber, three dealers told Reuters. Presently, India charges 20 percent tax on natural rubber imports. The spot price of the most traded RSS-4 rubber (ribbed smoked sheet) dropped by 600 rupees to 17,400 rupees per 100 kg in Kottayam, Kerala, on Friday, Rubber Board data showed. It hit a ...

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